WASHINGTON — Home prices rose in March from February in most major U.S. cities for the first time in seven months. The increase is the latest evidence of a slow recovery taking shape in the housing market. The Standard & ...Read More »
The median sales price for homes in the Baltimore metropolitan area increased over last year for the second straight month, according to a report released Tuesday, but the trend may not continue if foreclosure sales increase. Of the 1,894 homes ...Read More »
WASHINGTON — The average U.S. rate on the 30-year fixed mortgage was mostly unchanged this week, as the cost of home-buying and refinancing stayed near record lows. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan ...Read More »
NEW YORK — Americans’ rosy outlook about the U.S. economy remains resilient as they focus on the good in the barrage of conflicting economic news. A widely watched barometer of consumer confidence barely budged in March after last month hitting ...Read More »
WASHINGTON — Homebuilders’ feelings about the current housing market haven’t changed from February. But many are growing more optimistic that sales could pick up in the coming months. The National Association of Home Builders/Wells Fargo said Monday that its builder ...Read More »
WASHINGTON — Home prices fell in December for a fourth straight month in most major U.S. cities, as modest sales gains in the depressed housing market have yet to lift prices. The Standard & Poor’s/Case-Shiller home-price index shows prices dropped ...
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WASHINGTON — Ben Bernanke said declines in home prices have forced many Americans to cut back sharply on spending and warned that the trend could continue to weigh on the U.S. economy for years. The Federal Reserve chairman drew the ...Read More »
WASHINGTON — U.S. home prices fell for a third straight month in nearly all cities tracked by a major index. The declines show that most homeowners are not reaping the benefits from some signs of an improving housing market. Prices ...
Tagged with: atlanta buyers california chicago cleveland detroit Economy home prices homebuilders homeowners homes nevada phoenix sales san diego standard & poor's/case-shiller home-price index vacant homes washingtonRead More »
WASHINGTON — The largest U.S. banks must show how they would break up their assets if they were in danger of failing, under a rule approved Tuesday. The Federal Deposit Insurance Corp. voted to require banks with $50 billion or ...Read More »
Lots of news from the General Assembly this week as the 90-day session began, and the Baltimore Ravens’ first home playoff game in five years means big things for local merchandise retailers. Those stories and more in this week’s business ...Read More »